Monday, December 04, 2006 8:28:57 AM
AKAM set a "Second Low" on a closing basis...
On it's daily chart on last Friday...Which could signal another move to the upside and present us with a good Swing Trade Entry to go Long...
The hourly chart shows the PPS is at the lower Bollinger Band with a SAR and upper BBand price target of about $49.00
The daily chart shows that Friday's close was just above Monday's close of $47.62 but most of the Technical Indicators are downticking, and the average daily Volume is decreasing...
Maybe today's "Outperform" rating that was initiated by Cowen & Co. will be the catalyst for a good entry on a Swing Trade using my "Second Low" theory...
Good Luck To ALL ;^))
On it's daily chart on last Friday...Which could signal another move to the upside and present us with a good Swing Trade Entry to go Long...
The hourly chart shows the PPS is at the lower Bollinger Band with a SAR and upper BBand price target of about $49.00
The daily chart shows that Friday's close was just above Monday's close of $47.62 but most of the Technical Indicators are downticking, and the average daily Volume is decreasing...
Maybe today's "Outperform" rating that was initiated by Cowen & Co. will be the catalyst for a good entry on a Swing Trade using my "Second Low" theory...
Good Luck To ALL ;^))
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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